Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Best Electric Vehicle Stocks Worth Watching - November 3rd
MarketBeat Week in Review – 10/26 - 10/30 Tesla, Rivian Automotive, NIO, BorgWarner, XPENG, Shoals Technologies Group, and QuantumScape are the seven Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool.
Quebec Forced to Import More Power After Deals With US Utilities
Hydro-Quebec, a Canadian renewable-energy powerhouse with major US export contracts, is stretching an investment plan worth C$200 billion ($143 billion) by six years to 2041. Until then, it anticipates potentially being a net importer of…
LG Energy Solution's 3Q profit rises 25%
SEOUL, Nov. 3 (UPI) -- South Korea's battery maker LG Energy Solution said Tuesday that its third-quarter operating profit amounted to $563 million, up 25.7% from a year earlier, based on revenue of $7.18 billion, up 59%. The Seoul-based company…
This Election Day, remember which party ran against EVs and tethered us all to the gas pump
Donald Trump and congressional Republicans spent years waging a culture war against EVs. Now, record gas prices and a foreign war are leaving voters stuck footing the bill at the pump. Donald Trump and congressional Republicans spent years waging a…
Uptick in SA's new energy vehicle market
The cumulative new energy vehicles sales for the first nine months of 2026 reached 22 389 units. Sales of new energy vehicles (NEVs) reached 22 389 in the first nine months of 2026, up from the full-year 2025 total of 16 703. This is according to…
Automaker crisis: Why Germany lags in race to build 'car of tomorrow
For decades, “German engineering” was synonymous with arguably the world's best cars: the symphonic hum of an exquisitely calibrated internal combustion engine, combined with the elegant appointments of a meticulously crafted autobahn…
Schaeffler to Cut Further 3,460 Jobs in Europe as Auto Industry Deteriorates
Schaeffler said it would cut a further 3,460 jobs in Europe, representing around 3.2% of its global workforce, as part of fresh plans to cut costs as the automotive industry downturn intensifies. The German auto industry supplier said Tuesday that…
Germany's car industry faces fresh cuts as Schaeffler axes 3,460 jobs and eyes defense
Schaeffler plans to cut 3,460 jobs and close five European sites, with about 2,660 job cuts and four closures in Germany, ultimately reducing its workforce by 18% by 2028. The restructuring aims to address overcapacity and high costs as demand for…
Volkswagen's affordable ID. Polo wins German Car of the Year 2027 as EVs dominate
Volkswagen's new ID. Polo took the overall title of “German Car of the Year 2027,” starting at just €24,995 ($28,000). After winning in its class among entry-level models (up to €25,000), the VW ID. Polo beat out strong…
VW supplier Schaeffler to cut 3,400 jobs, close 5 sites - TT
Schaeffler is seeking new areas of growth beyond its automotive business. (Peter Boer/Bloomberg) Schaeffler will close five European sites and cut 3,460 jobs, with about three-quarters of the reductions in Germany. Schaeffler cited weaker auto…
POSCO Future M, Hyundai Motor Group explore Vietnam anode investment
POSCO Future M said Tuesday that it had signed a letter of intent with Hyundai Motor Group to explore investment and business cooperation in its artificial graphite anode material project in Vietnam, aiming to strengthen the global battery supply…
All the new rules and UK law changes coming into force in November
Several major UK rules, laws, and policy changes are being rolled out in November. Changes to bus pass requirements, Airbnb rules and laws for owners of banned dogs are all changing. Here, the Independent breaks down what the new rules and laws are…
Daily on Energy: Happy Election Day!
For Trump's second term, the nationwide average price of regular gas topped $3.46 a gallon today, just slightly exceeding President Joe Biden 's average of $3.457 per gallon, according to weekly data released this morning by the Energy Information…
Ferrari's controversial Luce EV is sold out for 2027
The Luce, Ferrari's first electric car and one of its most polarizing models, isn't just selling. It's selling out. The five-seater EV designed by Jony Ive, Apple's longtime design chief, was mocked and widely panned when it debuted in May, sending…
Ten fastest depreciating new cars revealed - and nine are electric
The new cars that lose the biggest chunk of their value after three years have been revealed – and the majority of them are electric vehicles. Out of 20 of the fastest-depreciating cars in the UK, 15 are EVs. And looking only at the top ten…
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